it depends on your time frame, I always wait for a candle to get closed and never enter in a position directly. they are all pending orders with defined strategies. My favorite frame is 4h but usually work in 1h as well especially for trigger, that ...

EURUSD

We are in terget closter in gpy and eurjpy and in eur on the very important resistance as I mentioned before this morning.

EURUSD

my real acount is 10,000 and i get near 3000 per month from it in a safe mode. this is enough for me.

EURUSD

becarefull! change of market direction is very possible. get ready for sell if you see a suitable trigger

EURUSD

One more important thing, the total amount of your risk in different positions must be under 6 percent of your account. I have seen several guys who have several positions at the same time for example: eurusd, gbpusd, jpuusd... if one of them get ...

EURUSD

10-20 percent in month is not a low reward for me. howmany times you can make your money double in a week??? but I can say you you can have a safe way to get poitns in this market if you do the correct risk. maximum 3 percent. this is what big ...

EURUSD

Target 1 touched. I have started classic candle stop trailing from now. at the same time I'm watching chart for the Sell Trigger. Bearish market will get started soon.

EURUSD

very very very important: NEVER RISK MORE THAN 2 TO 3 PERCENT OF YOUR ACCOUNT ON A POSITON. this is the first thing you should know about forex!

EURUSD

We are near the first target on 1.3650 second and third targets are 1.3780 and 1.3870 +180 pips from yesterday on this open postion. I dont close it but after 1.3650 i wll use candle stop trailing. Suitable Trigger can be a short position from ...

EURUSD

ofcourse every one lose in some trades. I said I'm not a Loser and never say I don't lose. I lose many of my trades but at the end of month and year most my account has a good situation. for sure there is not a 100 percent way to win in this market ...

EURUSD

Never say that JOKE again. we dont have a 100% profitable trading strategy. I also dont beleive that 100% of forex traders are losers. atleast I'm not. those 90 percent are the guys who wants to become a millioner very soon. In this market you ...

EURUSD

Hi mate, This is what I think in 4h frame! we are in wave 5 now, and again if you zoom in it in 1h and 30 min frames it can be wave 4 of 5 at the moment. Just one thing we can never say this counting is 100 percent ok, maybe with some fails on chart ...

EURUSD

Somehow you are right. But I'm sure you are not a gambler because you check the charts. to be honest with you, chosing a good strategy is important but the most important one is money management and risk management. I have a friend who doesnt know ...

EURUSD

I know you dont like Elliott Waves. But this is exactly where these waves can help you dtermine if youa re in a trend direction or correction direction. beleive me that 90 percent of loses happens in correction waves!

EURUSD

at this point the wave 4 of 5 can be start. becarefull that this downward movement in next few hours is just a correction (probably up to 50 pips down) and the market is still Bullish to finish the wave 5.

EURUSD

That's right. Unfortunatly many amataurs change their mind in getting position or closing a position as soon as they see a small back price swing. the market is full of swings and those who have a longterm strategy and a target are winner with a max ...

EURUSD

As we predict yesterday to have a long position after the trigger, we are in +120 pips profit till now. let the postion be open. it is still upward and the targets are: 1- 1.3650 2- 1.3780 3- 1.3870 I think target 2 will be available in 24 hours. ...

EURUSD

Remember that break of 1.3423 means that we have another senario and the existing elliott counting will get failed.

EURUSD

Use double and tripple positions that u can get all targets. also for the last target after u catch it use classic Miner trailing stop. 1 pip below the last closed candle. In this way the market will take you to higher targets if it is possible. ...

EURUSD

I was in short positon for last week as well, because that was wave 4 and it was downward. now this is wave 5 not 4 and it is upward. dont worry wave 3 of 5 will start soon in next few hours and you will find the greatness of Elliott.

EURUSD